Step 9 – Budget needs for the upcoming month are discussed and budget is updated.

Step 10 – Mid-month and again at the end of the month, I check to see that all payments have been received and deposits have been credited.

Step 11 – Charitable donations are made.

Step 12 – We balance our check book. This takes about two minutes – because our bills have all been paid and we use cash and debit for 95% of our off-line purchases.

Once a Quarter -

I check on our retirement accounts and make any adjustments that I feel are necessary.

Once a Year -

I review all insurance policies, to insure correct coverage and good rates.

That’s it. That’s our monthly money plan. We make deposits, use cash, pay our bills, work hard to earn a little extra now and then, build our savings, and reduce our debt. It’s very simple and very basic – and it works for us.